ChartNerd (@ChartNerdTA), a well-respected crypto analyst, has shared a long-term XRP chart highlighting a confluence between Fibonacci extensions and a developing Elliott Wave structure. The chart focuses on the weekly XRP/USD pair and maps out a structure that could send XRP to $27. Rather than reacting to short-term volatility, the chart centers on a large cup and handle pattern that unfolded over an extended period. XRP’s rise to its all-time high in July 2025 marked the completion of the cup. What followed was a controlled decline that persisted through the remainder of 2025. That decline formed the handle portion of the pattern. This extended consolidation also aligned with corrective wave behavior on the Elliott Wave pattern shown on the chart. $XRP : Confluence with our $27 macro targets. FIBS never lie. Patience wins every time. https://t.co/pCouW0xN6E pic.twitter.com/HlSaWb1oR5 — ChartNerd (@ChartNerdTA) January 2, 2026 Cup and Handle Structure Aligns With Wave 2 Completion According to the labeling on ChartNerd’s chart, XRP completed a macro Wave 1 advance before entering a prolonged Wave 2 correction. The handle phase coincides with this corrective move. XRP respected multiple Fibonacci retracement levels during the decline, including the 61.80% and 78.60% zones. The chart also marks an 88.70% retracement near $1.84, which acts as a key invalidation level. Despite multiple dips below this level , XRP quickly recovered and continued within the handle pattern. With XRP near the end of the cup, a confirmed breakout would signal the transition from Wave 2 into Wave 3. Wave 3 Targets Point to Double-Digit Levels Wave 3 is typically the strongest impulse in Elliott Wave theory. ChartNerd’s chart projects Wave 3 targets using Fibonacci extensions from the prior impulse. The first major extension sits at 161.80%, placing the price near $5.59. Higher extensions cluster around $7.17 and $13.45, based on the 261.80% and intermediate projections marked on the chart. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 These levels align with Wave 3, reinforcing the analyst’s view that a breakout from the handle would represent a major move. The chart shows no intermediate resistance zones between the breakout area and those targets, which supports the idea of a sharp expansion phase if momentum enters the market. Wave 5 and the $27 Macro Target Beyond Wave 3, the chart extends projections into Wave 5. Fibonacci extensions between 161.80% and 261.80% place final targets in the $19 to $28 range. The upper projection aligns with the $27 macro target referenced in ChartNerd’s post. Wave 4 is projected as a consolidation zone between Wave 3 and Wave 5, with retracement levels marked near $4.15 and $6.14. That range suggests volatility but not structural failure if XRP reaches it after a Wave 3 advance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Chart Confirms Path to $27, Analyst Makes Bullish Statement appeared first on Times Tabloid .
